Evening star. [volume] (Washington, D.C.) 1854-1972, 1887-11-29
A BIG DROP IN u. a o. STOCK.
Plamptmg Down Elesea Dsnars q
share From saturday. Ftgures.

Plumptmg Down Elesea D0nars q
share From saturday. Figures.
Baltimore and Ohio common stock made q dc.
cline yesterday Of sll a share from the selling
price OF saturday. The irst call yesterday MORN
ing, according 10 the Baltimore Anaerscaa to-day.
showed a weakness In the stock, as nfseen shsres
were sold at 1lQ There were no sales after the
FIRST call until the second board, when Il dropped
again TO l06. at which price fifteen shares were
sold After the second call two more shares were
sold at l06 and Immediately afterward two more
shares were sold al l04. The market stlnened up
a little at the close, and the quotations. nominal
were los bid, and offered at Ito. There MAS no
apparent cause for the decline, but H was attrl-
buted 10 foolish and unfounded rumors or a
rict over the presidency, which originated In
Jriring squlb Ia New York paper ln Tue middle
or last week, and was taken up. ex ggerated and
circulated 10 the effect that hoberI Garrett WAS
coming home 10 be reelected.
"Nothlng could be more absurd" said a direc.
tor OF the company. "Nr. Garrett il cut OF the
ofiice, and has been anxious 10 get out for some
time IL is just as silly Tor people 10 say that sen
aIor German aspires 10 the once Tie stock a.
rectors & want Mr Spence 80 DO the syndlcass; Tue
for the place, and II Is all settled"
ALLEGED USKARsKD DvTDESps
The Baltimore Sun of to-day contains the follow.
ing regarding the drop: One OF the leading STOCK
operators said: ''rhe unsatisfactory annual state
ment OF the Railroad Company causes the weak
ss ~ 1aa esoSi in wna tn S pd1ap nesnnS @ 20
IL does not say would DE worth knowing, no doubt
We are told tnat the syndicate proposes TO make .
they WILL II Is hardly secret any longer that
the Drexel-Morgan syndicate are believed 70 have
years % Here com in Tie Foundation TOR the stsss.
ment that certain directors VINO wers elected 70
the board were the syndicate candidates There
are nearly J000O shares Involved in that proxy,
enough 10 control In The selection OF stockholder
directors The demand for the proxy is uneer-
stood 10 have come Irom the Morgals I'm London,
and it was given there by the tnen president Of
the company. The four new directors elected
last week VIII not all pass muster as the
public prognostcations as TO their status are e.
roneous In the absence OF official figures showing
company, the street has obtained underneath
statements upon the ngures OF which the operators
rely IN the absence or anything better. These
per cent dividend, was about g. 500, 600 short,
and that not only was the dividend NOT earned
6u, there was as s3msnlng over s4oooo s1orssSs
OF per cent was declared for the nrst six months
OF 1857, but the private statements show that this
bonded Indebtedness on the Philadelphia Exten-
sion, the East Side schuylkill, the staten Island
the company until tney become productive, WHICH
cannot be expected OF properties that are as yee
incomplete. But those properties win surely
when the company makes the promised statenseps
it VIII not be one at which people verse1 IN book.
keeping and accounts VIII only smile"
Candidates 6Or lsrevy'u Place.
vLoQUET IN TEE HANDS or HIS FknEus-psaou.
LKDE's HOSTILITY 10 FKkkY.
In the French chamber or deputies YESTERDAY
N. Rouyier moved for an adjournment OF the
house until Thursday, at the same time stating
that the government would then maze an In
portant communication
NJ Clemenceau In an interview with Il Floques
pointed out the inadvsab;lity OF DIVIDING the rsd-
cal vote between N. FloQuet and n. DE Froyc1ne6
n. FloQuet replied that he neither desired 70 o6sr
himself as q Candidate for the presidency nor ~.
fused to stand for that ONCE He LETT himse1e
he said, I'm the hands OF h,s friends. who wsss en
n Derouede declares that he win ccpvet the
feny 10 elecsed president
0eock DROksss and she TeaeGraPAs
nm NEW YoRK EXCHANGE LIKELY no n lxD9
WITHOUT NsrKUnkSh
No settlement OF the existing dfmculty besWVoa
the New York stock Exchange management 90
the telegraph companies occupying qaArtsrs %
she Exchange noor was s6scted at Jollst meeenw
yeeesrday o. the stock Rxchange cou.m1tsss a
arfunGuments and the Fopfssentatives C the to.
er>ph companisA The REPRESENTATIVES, q u n.
ck6ngo o1oroo 70 compru0iae By Q partial reduo.
d q charyeA but the telegraph representative
nrmU oDcnDeo 20 nccept leos than their or,g1nnl
0suaand for 0oee than my pr ceot roducttoS
TIE latter nnalty announced that taey Woul1
of The month. ye0ov1ng all their tH1er anonu e
the cioss a. next wednesdAys busanoo1 q ~
0one ft win 0reatly tnou1vg1Soo00 ths 6r0111I
hat cho ooolxTUDo poop1o WI ret fuu Fafnn a ~